Corporate profits are going to get ‘better and better,’ Credit Suisse’s Jonathan Golub predicts as earnings season begins

Credit Suisse’s Jonathan Golub is painting a more bullish picture for corporate America with earnings season officially underway.  “It’s going to get better and better as we progress throughout 2021 for their profits,” the firm’s chief U.S. equity strategist told CNBC’s “Trading Nation” recently. JPMorgan Chase, Citigroup and Wells Fargo kicked off the season on … Read more

Democratic governors accuse Trump administration of misleading them about vaccine stockpile

Several Democratic governors are criticizing the Trump administration for apparently misleading public health officials about holding a stockpile of Covid-19 vaccines in reserve. Health and Human Services Secretary Alex Azar said on Tuesday that the government would begin releasing doses of vaccine that were being held in “physical reserve” to ensure enough supply for second … Read more

CDC: New COVID Strain May Dominate U.S. by March

Jan. 15, 2021 — The CDC is urging Americans to double down on precautions to thwart the spread of the coronavirus, as the new B.1.1.7 “super strain” takes hold in the U.S. New CDC modeling shows the new strain could cause more than half of new infections in this country by March, even as … Read more

Israel is launching Covid immunity passports. Here’s what they allow you to do

A healthcare worker administers a Covid-19 vaccine at Clalit Health Services, in the ultra-Orthodox Israeli city of Bnei Brak, on January 6, 2021. JACK GUEZ | AFP | Getty Images Israel has been lauded for deploying what is currently the fastest Covid-19 vaccination campaign in the world.  Less than a month after receiving its first … Read more

Moderna doesn’t expect Covid vaccine data for young children until 2022, CEO says

A nurse prepares a syringe with the COVID-19 Moderna vaccine for a worker of the New York City Fire Department Bureau of Emergency Medical Services (FDNY EMS), amid the coronavirus disease (COVID-19) pandemic in New York, December 23, 2020. Carlo Allegri | Reuters Moderna doesn’t expect to have clinical trial data on its coronavirus vaccine … Read more

From tech to bitcoin, long-time bull Ed Yardeni worries a meltdown will strike the market

Edward Yardeni is concerned the market will get smoked. The long-time bull, who spent decades running investment strategy for firms including Prudential and Deutsche Bank, is comparing Wall Street euphoria to the height of the dot-com bubble in 1999. “The Nasdaq from late 1998 to early 2000 went up over 200%. Now, we’re up almost 100%, … Read more

COVID Vaccinations Lag as Virus Rages

Jan. 5, 2021 — As COVID-19 cases and hospitalizations soar across the U.S., the nation’s unprecedented effort to vaccinate hundreds of millions of adults against the virus is off to a sluggish start. In December, officials with Operation Warp Speed had repeatedly promised to vaccinate 20 million people by the end of the year. … Read more

U.S. likely to fall short of goal to vaccinate 20 million people against Covid before end of year

With only a few days to go, the United States will likely fall short of its goal to vaccinate 20 million Americans by the year’s end as the nation embarks on what will be a historic campaign to inoculate hundreds of millions of people against the coronavirus by the middle of next year. Two Covid-19 … Read more